Independent Reserve Becomes Australia's Latest Bitcoin Exchange

Independent Reserve today launched Australia's newest Bitcoin exchange, opening its doors to customers this morning. The Sydney based company, of which Adam Tepper is CEO, claims they will add a valuable source of liquidity to the growing Bitcoin market across the globe. Adam Tepper also stated that their last mover advantage has enabled the company to spend thousands of hours on R&D while learning from the mistakes made by other exchanges. This will enable IR to provide users with a platform that is "completely robust." Continue reading

Kraken Considers Purchasing MtGox Assets As It Pushes Into Japan

Payward1 run exchange Kraken is headed to Japan with plans to begin offering its service by the end of this October. Founder and CEO Jesse Powell believes Kraken has the expertise required to meet demand for a Japanese Bitcoin exchange. Kraken won't be the first exchange to launch in Japan since the collapse of MtGox with BitOcean and BtcBox having beaten them to the punch earlier this year. Continue reading


  1. Investors include Hummingbird Ventures, Trace Mayer and the Bitcoin Opportunity Fund. 

Coinfloor To Raise Capital Meanwhile Nefario Has Left

Coinfloor, the largest exchange for sterling/bitcoin transactions, is set for a round of capital raising1 which will be used to launch a Bitcoin fund and enable customers to trade a wider variety of currencies for bitcoin. From Tuesday, Coinfloor will begin accepting customer deposits in USD, Euro as well as the Polish Zloty. Continue reading


  1. It is rumoured that the funding round will raise £1m. 

Moopay Goes From Robusto To Busto

Moopay, which owns and runs Moolah.io, are insolvent and will enter into liquidation after it was revealed that a bug allowed attackers to withdraw double the amount they had deposited. At this time, there is no record of any Moopay details in the bankruptcy and insolvency register used in the UK although it's reasonable to expect that the details have yet to be entered. Continue reading

Caleb Chen, Stephanie Murphy & Brian Sovryn Assist Ponzi Scheme

Bitcoin Trader was an obvious ponzi scheme which inevitably disappeared with all the bitcoin invested by customers. The scheme marketed itself as one that could deliver a passive income on auto pilot to customers by taking advantage of arbitrage opportunities in the market, returning profits to customers after a 120 day period. Where some people see numerous red flags, others see opportunity! Continue reading